The Mutual Fund Prospectus

Open Ended Mutual Funds

If it's an open-end fund - and most are - a mutual fund generally sells as many shares as investors want to buy. The price of mutual fund shares is set in part by its current net asset value (NAV), which is calculated once per day.

How Does the ShareBuilder Plan Work

Tax Wise Investing

Most investment income is taxable, but if you take advantage of a number of tax-saving strategies, you may be able to build your portfolio value while owing less to the IRS and your state tax authority.

Investing for Dividends

Penny Stocks

When an equity is described as a penny stock, it usually means that the stock is low priced and trades over-the-counter (OTC), rather than being listed on a stock exchange such as the NYSE or the NASDAQ Stock Market.

You should carefully consider a fund’s investment objectives, risks, charges and expenses before investing. For a prospectus containing this and other important information, please visit the fund’s detailed quote page, or contact a Capital One Investing Customer Service Associate. Please read the prospectus carefully before investing. Learn more about the differences between mutual funds and ETFs.

ETFs must be bought and sold through a broker-dealer such as Capital One Investing, LLC, which will involve commission expenses. ETFs are not directly redeemable and are subject to market volatility. When buying or selling an ETF, an investor will receive the prevailing market price. Dividends are not guaranteed, and not all ETFs include a dividend investment objective or strategy.

Investing involves risk, including the possible loss of the amount invested.

The performance of an index is not a representation of any particular investment and an index cannot be invested in directly. Unmanaged index returns do not reflect any fees, expenses or sales charges.

This material is intended only as general information for your convenience and should not in any way be construed as investment or tax advice by Capital One Investing. You should consult with your tax advisor for any specific tax strategies.

Banking services are provided by Capital One 360, a division of Capital One, N.A., member FDIC.

Securities products are offered by Capital One Investing, LLC, a registered broker-dealer and Member FINRA/SIPC. Advisory services are provided by Capital One Advisors, LLC, an SEC registered investment advisor. Insurance products are offered through Capital One Agency LLC. All are subsidiaries of Capital One Financial Corporation.